Report Highlights
Global investments in building the hydrogen economy cost more than $3.4 billion in 2014, and they are expected to approach $4.8 billion in 2015 and $21.8 billion by 2020, with a compound annual growth rate (CAGR) of 35.5% from 2015 to 2020.
Report Includes
- An overview of the global Hydrogen economy with regard to technology and opportunities.
- Analyses of global market trends, with data from 2014, 2015, and projections of CAGRs through 2020.
- Comprehensive descriptions of key enabling technologies used in the production, storage, and distribution of hydrogen, its conversion to other forms of energy or direct consumption as a fuel, and miscellaneous other types of hydrogen-related technology such as hydrogen sensors.
- A look at challenges that must be overcome to reach commercialization potential.
- Evaluations of government programs and policies in support of the hydrogen economy.
- Coverage of the market's dynamics, specifically growth drivers, inhibitors, and opportunities.
- Relevant patent analysis.
- Profiles of major players in the industry.
Report Scope
The report covers the global market for technologies used in the production, storage and distribution of hydrogen; its conversion to other forms of energy or direct consumption as a fuel; and miscellaneous other types of hydrogen-related technology, such as hydrogen sensors.
The study format includes:
- Executive summary.
- Key enabling technologies for the hydrogen economy, as well as their commercial or developmental status.
- Developments that will influence commercial prospects and demand for hydrogen technologies.
- Hydrogen technology market projections through 2015.
- Key patents.
- Government programs and policies in support of the hydrogen economy.
- Technology vendor profiles.
Analyst Credentials
Andrew McWilliams spent more than 25 years as a consultant with Ernst & Young, McKinsey & Company and A.T. Kearny focused on manufacturing before segueing into research analysis. He has been covering myriad technology categories for BCC Research for more than 15 years. McWilliams has a BA from Princeton University and an MA from Harvard University. He has worked in more than 40 countries and he resides in the greater Boston area.
Related Reports
Materials for Proton Exchange Membranes and Membrane Electrode Assemblies for PEM Fuel Cells
The global market for proton exchange membrane fuel cell (PEMFC) membrane electrode assemblies (MEA) reached $340 million and $460 million in 2010 and 2014, respectively. This market is expected to reach $534 million by 2015 and $1.9 billion by 2020, registering a compound annual growth rate (CAGR) of 29.4% from 2015 to 2020.
Merchant Hydrogen: Industrial Gas and Energy Markets
The global production of merchant hydrogen was 6.8 million metric tons in 2014, and is expected to reach 7.1 million metric tons in 2015 and 8.5 million metric tons by 2020, with a compound annual growth rate (CAGR) of 3.7% from 2015 to 2020.
Electric Vehicle and Fuel Cell Power Sources: Technologies and Global Markets
The global electric vehicle power sources market totaled roughly $11.9 billion in 2013 at the manufacturers’ level. This market is expected to grow at a compound annual growth rate (CAGR) of 11.1% between 2014 and 2019 under a consensus scenario. This will result in nearly $12.4 billion in 2014 and $20.9 billion global market in 2019.
Energy-Efficient Technologies for Commercial Building Construction
The global revenues for energy–efficient technologies in commercial buildings reached nearly $36.3 billion in 2013 and $41 billion in 2014. This market should reach $60.2 billion in 2019, demonstrating a compound annual growth rate (CAGR) of 8% from 2014 to 2019.
Track the Latest Global Tariff Developments
In today's fast-paced global economy, tariffs are no longer static—they are dynamic levers shaped by geopolitical realignments, supply chain vulnerabilities, inflationary pressures, and sustainability-driven trade reforms. As governments worldwide recalibrate their trade strategies, businesses are left to navigate a maze of shifting rules, rising costs, and regulatory uncertainty.
Our analysis empowers you with real-time updates and in-depth expert analysis on all facets of global tariff activity. From new trade agreements and sanctions to abrupt tariff hikes and retaliatory duties, we monitor developments across borders, sectors, and industries—so you don't have to.
Whether it's the ongoing U.S.–China trade dynamics, the evolving EU Carbon Border Adjustment Mechanism (CBAM), or the emerging policies in India, ASEAN, and Latin America, we provide full-spectrum coverage. We also track multilateral trade negotiations, World Trade Organization (WTO) rulings, and sector-specific duty structures—ensuring you are always ahead of global trade shifts.
With our analysis, you can stay informed, identify risks, and confidently respond to tariff changes—no matter where you operate.
Ready to see what tariff means for your business?
Consult with our experts or request your custom Tariff Impact Brife today
Stay Informed, Stay Competitive
In today's interconnected and unpredictable global economy, staying ahead of tariff shifts is not just important—it's essential. BCC Research provides decision-makers with trusted, research-driven insights that turn uncertainty into opportunity.
Our in-depth market analysis and trade intelligence help you decode how tariff changes impact your specific sector—manufacturing, healthcare, technology, agriculture, or energy. We break down complex data into actionable knowledge through comprehensive reports, expert commentaries, and sector-focused forecasts.
Our analysis includes:
- Thorough breakdowns of current and proposed tariff policies and how they affect regional and global trade flows.
- Sector-specific implications, helping you understand the strategic impact on sourcing, pricing, and competitiveness.
- Forward-looking insights to support risk management, planning, and response strategies for evolving trade conditions.
With BCC Research, you gain more than just information—you gain clarity and confidence to make well-informed decisions in a volatile trade environment.
Don't let tariffs catch you off guard—let our insights guide your strategy.
Recent Reports
Global White Hydrogen Market
The report provides an analysis of the global market for white hydrogen. Using 2024 as the base year, the report provides estimated market data for 2025 through 2030. The market in this report is segmented into by source, by application, and by region. The report concludes with profiles of the major players in the market.
Renewable Energy Regional Analysis Market: Middle East and North Africa
This report provides an in-depth analysis of the renewable energy market in the Middle East and North Africa (MENA) region, using 2024 as the base year and forecasting trends from 2025 to 2030, with estimations of compound annual growth rates (CAGR).
Electrical Switches: Technologies and Global Markets
The global market for electrical switches is expected to grow from $16.0 billion in 2025 and is projected to reach $20.8 billion by the end of 2030, at a compound annual growth rate (CAGR) of 5.4% during the forecast period of 2025 to 2030.
2024 Sustainable Energy Research Review
The Energy industry is a multi-billion-dollar industry whose outlook is supposed to rise in the coming years. This report provides a sampling of the types of quantitative market information, analysis and guidance that has been aiding business decision making since the inception of BCC Research in 1971.
Renewable Energy: Technologies and Global Markets
The global market for renewable energy is estimated to increase from $1.3 trillion in 2024 to reach $2.0 trillion by 2029, at a compound annual growth rate (CAGR) of 8.7% from 2024 through 2029.
Report Highlights
-
Global investments in building the hydrogen economy cost nearly $2 billion in 2009, and are expected to rise to exceed $2.2 billion in 2010, approaching $5.4 billion by 2015. These figures represent a compound annual growth rate (CAGR) of 19.3% over the next 5 years.
-
Technologies for converting hydrogen to energy, particularly fuel cells, but also hydrogen internal-combustion engines and turbines in the out-years, account for the bulk of the market: $1.1 billion (56.9%) in 2009, increasing to $3.7 billion (69%) in 2015, a compound annual growth rate (CAGR) of 23.2%.
-
Hydrogen production technologies, while increasing in value, are expected to lose market share, i.e., from $608 million (30.7%) in 2009 to $1.1 billion (20.7%) in 2015, a compound annual growth rate (CAGR) of 11.5%.
Report Highlights
-
Global investments in building the hydrogen economy cost over $1.3 billion in 2006 and are expected to rise to nearly $1.7 billion in 2007 and $5.5 billion in 2012. These figures represent a CAGR of 27.0% over the next 5 years.
-
Technologies for converting hydrogen to energy, particularly fuel cells but also hydrogen internal combustion engines and turbines in the out-years, account for the bulk of the market: 78% in 2006 to 2007, declining somewhat to 76% in 2012.
-
Hydrogen storage and distribution technologies are also expected to lose market share (i.e., from 5.5% in 2006 to 3.9% in 2012). Hydrogen production technologies should increase their market share from 10.6% in 2006 to 14.3% in 2012, while other technologies' (mainly hydrogen sensors) share should remain steady at 5.9% of the market.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More